Page 14 - Raysut Cement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oman's share index ends marginally lower By: United Securities Muscat: The MSM index closed at 3,725.35 points, down 0.15 per cent from the previous close. The Sharia Index ended up 0.53 per cent at 527.41 points. Al Jazeera Steel Products, up 7.33 per cent, was the top gainer while Raysut Cement, down 6.63 per cent, was the top loser. Shares of OIFC was the most active in terms of the number of shares traded while Bank Muscat was the most active in terms of turnover. A total number of 275 trades were executed during the day's trading session, generating a turnover of OMR0.81 million, with mo...

Raysut Duqm Cement Factory financing announced 21 December 2020 To support initiatives to scale up the industrial sector in Oman, ahlibank has announced the financing of OMR8.1m (US$21.1m) for Duqm Cement Factory's new cement grinding plant in Duqm Industrial Estate.  A signing ceremony with Duqm Cement Factory, a wholly-owned subsidiary of Raysut Cement, took place on 10 December, the Times of Oman reported. Signing the agreement on behalf of ahlibank was Hanaa Al Kharusi, General Manager – Corporate Banking while Raysut Cement Company was represented by its Group CEO Joe...

Duqm Cement Factory secures funding for Duqm grinding plant Written by Global Cement staff 16 December 2020 Oman: Raysut Cement subsidiary Duqm Cement Factory has signed a deal with Ahlibank for a US$21m loan for the construction of its Duqm grinding plant in Al Wusta Governotate. The grinding plant will produce ordinary Portland cement (OPC), Portland limestone cement (PLC) and ground granulated blast furnace slag (GGBFS), according to the Times of Oman newspaper. Construction of the plant started in November 2020. Raysut Cement chief ex...

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Raysut Cement inaugurates leisure facilities Written by Global Cement staff 14 December 2020 Oman: Raysut Cement has inaugurated new leisure facilities at the Al Wafa Social Centre in Salalah. The company oversaw the establishment of a rehabilitation hall and hydrotherapy facility and reequipped the centre with new sports equipment. Salalah cement plant general manager Mohammed Ahmed Aideed said, “The opening of this project comes within the company's strategy for social responsibility which covers the support for Al Wafa Social Centre ...